We recognize that our customers expect us to protect the confidentiality
of their accounts, transaction, and related personal information. We
respect each individual’s right to personal privacy. It is the
policy of American Finance House LARIBAto guard the privacy and integrity
of information provided by customers and consumers in accordance with
the requirements of the Gramm-Leach-Bliley Privacy Act.
We use information regarding our customers for a variety of reasons including
facilitation of financing transactions, servicing a customer's account,
identification purposes to protect customer's account and safeguarding
against unauthorized access to customer accounts and information, identification
of additional products and services that may be beneficial to a customer
and identifying and mitigating potential risks or losses to us.
- Information customers provide directly to us, such as a Social Security
number and personal income;
- Information about a customer's transactions or experience with us
or our affiliates, such as account balances and payment history.
- Web-based tools when customers visit our web site, such as “cookies”;
- Information we receive from third parties, such as consumer reporting
We use information regarding our customers for a variety of reasons
including facilitation of transactions in servicing a customer's account,
identification purposes in protecting a customer's account and safeguarding
against unauthorized access to customer accounts and information,
identification of additional products and services that may be beneficial
to a customer and identifying and mitigating potential risks or losses
American Finance House LARIBA restricts access to non-public personal
information to the following:
- Our employees involved in the processing, underwriting and maintenance
of the credit transaction;
- Consumer reporting agencies;
- Companies which provide support services to us (such as file auditing
and quality control) and which agree to maintain standards of confidentiality
similar to our standards and to use the information only for the purposes
for which it was disclosed.
- Potential investors and their employees, to the extent required to
secure funding for the transaction;
- Other parties, only as necessary to complete the loan applications,
or as required by law.
We may share customer information with affiliated companies, including
(a) information the customer provided directly to us such as personal
income or other information disclosed on a loan application form;
and, (b) information we receive from third parties such as a consumer
credit report. This information may be shared with our affiliates
that provide financial products and services.
Please note that customers may exercise their right to restrict the
use of nonpublic, personal information which was collected as part
of a consumer credit transaction subject to the provisions of the
Fair Credit Reporting Act (“FCRA”.) A customer may make
a “Fair Credit Opt Out” election at-- (a) the time the
consumer credit account was opened by indicating in the proper place
on account documents, or (b) any time within one month of the delivery
of this privacy notice. Election may be made by informing us in person,
by telephone or by mailing a written notice o to us addressed to the
attention of the American Finance House LARIBA., Privacy Officer.
To facilitate prompt processing of the election, the written notice
should contain your name, address, identification information such
as Social Security Number, account number/s to which the election
applies, signature and date.
American Finance House LARIBA maintains the following safeguards to
protect the confidentiality of nonpublic personal information.
- Customer files are secured in a central location with access limited
to those involved.
- Information about our relationship with the customers are not discussed
with other unrelated parties.
- Copies or extra materials which are not needed for the file are to
be destroyed in a secure manner such as shredding.
- Third parties who need to review the information must also have similar
safeguards to insure privacy and integrity.
- Our operations & data processing systems are in a secure environment.
Annually during the duration of the financing relationship, American
Finance House LARIBA shall provide a copy of our Privacy Notice. This
notice is to be attached with or incorporated in the monthly billings;
or prominently displayed on our web site www.lariba.com. Customers
who have questions regarding our policy or the privacy of their customer
information should contact us during normal business hours.
Customer financial data which is submitted through the “Pre-qualification
Page” on the web site, is encrypted using SSL (Secured Seal
Layer) to the mail server. An assigned officer from AFHL down loads
the client information daily and forwards it to the assigned Finance
Processing Officers who are in charge of assembling the transaction
files. The downloaded information is maintained securely in the customer
files along with other information used in the loan processing and
underwriting. Handling of customer files is done in accordance with